The last eight years ``have brought us to the most serious financial crisis since the Great Depression,'' said Obama, the Democratic nominee, in a statement that also called for ``modernizing'' the rules governing financial institutions.
``We will never put America in this position again,'' McCain, the Republican nominee, told supporters in Jacksonville, Florida. He vowed to ``clean up Wall Street'' and ``replace the outdated, patchwork quilt of regulatory oversight.''
The reality is that the government allows business to write its legislation and profits flow to private interests while risk goes to the taxpayer. Its the same old story over and over again.
Congress does not pursue the interests; it pursues the interests of whoever is giving them campaign contributions.
We simply must reform our electoral system so that all the voters have their interests represented. If we don't take action, expect more of the same stupidity.
``We will never put America in this position again,'' McCain, the Republican nominee, told supporters in Jacksonville, Florida. He vowed to ``clean up Wall Street'' and ``replace the outdated, patchwork quilt of regulatory oversight.''
The reality is that the government allows business to write its legislation and profits flow to private interests while risk goes to the taxpayer. Its the same old story over and over again.
Congress does not pursue the interests; it pursues the interests of whoever is giving them campaign contributions.
We simply must reform our electoral system so that all the voters have their interests represented. If we don't take action, expect more of the same stupidity.

